Multiple Choice
Which of the following statements is true of liquidated damages?
A) They must be reasonably related to the damages that may be suffered if the contract is not fulfilled.
B) They may not be designed to serve as a penalty to deter a party from breaching a contract.
C) They are a form of compensatory damages.
D) All of these choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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